Notes

Fascination About Nokia to buy Navteq for $8.1 billion - CNET


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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://pbs.twimg.com/media/A42atQpCMAAYzyv.jpg" alt="Navteq is now HERE: Navteq Maps, Updates and Support"><span style="display:none" itemprop="caption">Nokia Buys Navteq for $8.1 Billion - WIRED</span>
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<h1 style="clear:both" id="content-section-0">The Main Principles Of Cornering the Market on Navigable Maps? Nokia/NAVTEQ<br><img width="314" src="https://i.pinimg.com/originals/14/b9/ad/14b9ad871f0cfe7c65975bc4cf10d726.jpg"><br></h1>
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<p class="p__0">Shields supplied US$ 500,000 in seed cash. In 1985, Karlin &amp; Collins, Inc., based in Sunnyvale, California, started extensive mapping of the San Francisco Bay Area getting another US$ 2. 5 million from Prudential Bache. Karlin and Collins used the recently developed U.S. Census electronic map (TIGER files) which was matched with aerial photos.</p>
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<p class="p__1">In lieu of utilizing a GPS, they kept track of the place of the car utilizing a dead numeration system that depend on a gyro compass. In 1987, they revealed their first item, Motorist, Guide, which was a counter top kiosk set up at car leasing agencies and hotel lobbies and printed door-to-door driving directions.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="http://1.bp.blogspot.com/_Fbk8IlxNQXM/Sgnw7iUzHJI/AAAAAAAADIc/Yt-ZcCc-MJQ/s280/Navteq_Maps_Beta.bmp" alt="NAVTEQ On Board - May is Map Update Month for many GPS Systems - Mom Spotted"><span style="display:none" itemprop="caption">Daniel Childs Geographic analist working for Navteq mapping the roads to be used in gps systemspic David Sandison 30/10/2006 Stock Photo - Alamy</span>
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<p class="p__2">An overall of 80 makers worth US$ 12,000 were set up around the San Francisco Bay Area and were a success. Shields invested another $3 million on condition he be called primary operating officer. The company was relabelled Navigation Technologies Corporation. Go Here For the Details was rapidly arising with Etak being the most notable.</p>
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<h1 style="clear:both" id="content-section-1">How NAVTEQ Highlights The Bottom Line Benefits At IAA can Save You Time, Stress, and Money.<br></h1>
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<p class="p__3">Navigation Technologies Corporation (Nav, Tech) [edit] In the 1990s, the business altered its business design so that rather of building kiosks itself, it certified its maps to be used by other hardware makers. Philips Electronics obtained the business in the early 1990s and invested nearly US$ 600 million in constructing the database for a car-based mapping gadget.</p>
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<p class="p__4">Philips on numerous occasions tried to take the company public but backed off each time up until finally going public in February 2004. The company was listed on the New York Stock Exchange (NYSE) under the ticker sign "NVT". The business render their name as 'NAVTEQ', in all capitals. Navteq is headquartered in Chicago, Illinois with more than 5,500 workers around the world operating in 202 offices in 53 countries, consisting of local headquarters in Veldhoven, Netherlands and Singapore.</p>
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<p class="p__5">In early 2007, Navteq acquired The Map Network, the biggest supplier of mapping to U.S. tourism and convention firms. Later that year, Navteq moved their head office from Chicago's Merchandise Mart complex to the Boeing Structure in Chicago. In September 2009, Navteq got Acuity Mobile, a mobile marketing innovation company. Nokia subsidiary [modify] On 1 October, 2007, it was announced that Nokia would acquire Navteq in an offer valued at an approximated US$ 8.</p>
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